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Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver, … Read more
Cointelegraph celebrates new Korean version and HQ launch in Seoul Go to Source Powered by WPeMatico
Bank of England Governor Mark Carney said that a Libra-like digital currency could become the world’s reserve currency, replacing the U.S. dollar Go to Source Powered by WPeMatico
Standard Bank is the first African bank to join the blockchain-based trade finance consortium, the Marco Polo Network Go to Source Powered by WPeMatico
International money transfer service Xendpay joins RippleNet to expand currency options and speed Go to Source Powered by WPeMatico
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to … Read more
Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from the likes of Shinhan Bank and KEB Hana Go to Source Powered by WPeMatico
Swiss private bank Maerki Baumann is inundated with new clients interested in its crypto plans Go to Source Powered by WPeMatico
The nonprofit Kiva and the government of Sierra Leone have launched a blockchain-based credit history service Go to Source Powered by WPeMatico
The Commonwealth Bank of Australia develops tokens meant to enable investments in sustainable development Go to Source Powered by WPeMatico